Retail TouchPoints

JULY 12, 2023

The pandemic and related supply chain disruptions led to shuttered storefronts and rampant bankruptcies. Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. There’s also the matter of securing the computer hardware that runs the store operations.

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Retail TouchPoints

JANUARY 2, 2024

AI Helps Improve Productivity and Performance After a successful pilot in Norway in 2020, where the retailer saw a marked improvement in forecast development for each article and store , Ikea Retail implemented the technology more broadly. Since then, employee productivity and forecast accuracy have significantly improved.

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Retail TouchPoints

APRIL 6, 2023

Editor’s note: This is the fourth article in our series on AI in retail. Be on the lookout for the fifth article, which will cover the many still-unanswered questions around AI’s present and future. Can AI-Powered Supply Chains Autonomously Find and Fix Problems? But any new (or newly enhanced) technology also carries risks.

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Retail TouchPoints

JUNE 6, 2022

Collaboration is the new competition; it was back in 2013 that Harvard Business Review used this sentence to headline an article on how to drive large-scale social change through collaboration. Almost a decade later, the term is absolutely still valid when it comes to defining the status quo in the retail industry.

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Retail TouchPoints

FEBRUARY 25, 2022

Some are leveraging RFID data to improve workflows and supply chain visibility. ” Still, he noted that many large retailers run a data-driven supply chain, using electronic data interchange [EDI] integrations. . This article originally appeared in RFID Journal.

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RetailWire

AUGUST 10, 2022

Bottlenecks in the global supply chain have eased in recent months as demand has slowed and overseas factories operate without COVID-19-related interruptions. It’s a massive traffic jam that is now unclogging,” said Phil Levy, chief economist at Flexport.

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Retail TouchPoints

JUNE 6, 2023

While that’s attractive marketing fodder for retail CMOs who want to appeal to environmentally minded consumers, CFOs will appreciate the potential profitability of selling an article of clothing not just once but twice or more in the circular economy. Yet scaling recommerce comes with its own set of operational issues and inefficiencies.

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Retail TouchPoints

MARCH 11, 2021

The company plans to gain market share and increase currency-neutral sales by an average of 8% to 10% annually between 2021 and 2025, through an aggressive expansion of Adidas’s already booming DTC business, including ecommerce; digitalization of its operations and stores; an expanded membership program; and an increased focus on sustainability.

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Retail TouchPoints

OCTOBER 12, 2022

And with 40 years in the business of working across a broad array of industries with clients in operational and financial distress, I’ve come across plenty of bad CEOs. Leadership is a hard job. Effective and successful leadership is even harder. Unfortunately, examples of bad CEOs are all too easy to find.

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Retail TouchPoints

JULY 26, 2022

Editor’s note: This article has been condensed and repurposed from an existing article from Salesforce. While shopping sprees leading up to Black Friday happened before 2020, more shoppers bought in early November over the last two years due to inventory and supply chain issues. plan to start buying gifts earlier – the No.

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RetailWire

MARCH 22, 2022

Nike said COVID-19-related supply issues are behind it now with all its factories in Vietnam back to normal operations. The athletic wear giant reported that sales in North America were up nine percent in the third quarter. Nike’s adjusted earnings per share were 87 cents, above the Wall Street consensus of 71 cents.

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RetailWire

OCTOBER 12, 2022

Tractor Supply has received approval from the Federal Trade Commission to acquire 81 of Orscheln Farm & Home’s stores. Tractor Supply announced its plans to acquire Orscheln last year and add its locations to the roughly 2,000 stores it operates.

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Algopix

SEPTEMBER 19, 2023

Three key identifiers play a pivotal role in this process: ASIN (Amazon Standard Identification Number), UPC (Universal Product Code), and EAN (European Article Number). Inventory Management: Manufacturers and retailers use UPCs to track inventory levels, restock products, and manage supply chains efficiently.

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lateshipment

JANUARY 7, 2021

A smooth supply chain is essential for a company’s operational efficiency. Given the customer-centricity and the significance the supply chain provides to it, a streamlined supply chain can do a lot more to match customer demands. Easy collaboration at every step of the supply chain.

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RetailWire

NOVEMBER 5, 2021

Manufacturers and retailers are shaking up their supply chain operations as producing and receiving goods remains a challenge across the globe. Many companies expect disruptions to last through the first half of next year and some are concerned that issues could remain for longer than that, potentially pushing into 2023.

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Wiser

DECEMBER 29, 2020

In this article, we’ll look at fourth-party logistics. Compared to a 3PL, a 4PL provider is much more of a strategic partner that integrates all of the resources, processes, and technology across your supply chain. The difference is that with a 3PL provider, you are still in charge of making strategic supply chain decisions.

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Retail TouchPoints

MARCH 31, 2021

This article examines how application programming interfaces (APIs) and customer identity and access management (CIAM) technologies are assisting retailers in building a more engaging, efficient and profitable future with their online presence. trillion in 2020, as explained in an article by ecommerce giant Shopify.

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Retail TouchPoints

JULY 22, 2021

This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. In this article, we take a look at the key risks that may be faced by retail businesses in 2021 but also through the next decade. Strong from over 1.7

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RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

AI is reshaping the business world as today’s future-ready retailers and consumer goods manufacturers leverage technology to streamline operations and connect more closely with consumers. In this article, we’ll explore how AI is reshaping retail and CPG marketing, driving innovation, and delivering remarkable results.

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RetailWire

NOVEMBER 10, 2021

The role of chief supply chain in retail operations has grown increasingly important with the advent of the pandemic, and more companies are creating chief supply chain officer positions to deal with the challenges.

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365 Retail

JANUARY 4, 2024

In this article, we’ll explore five key strategies that retailers should focus on to keep their businesses thriving. These strategies aren’t just buzzwords; they’re practical, actionable approaches that can make a real difference in your retail operations. It’s about agility, sustainability, and transparency.

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Retail TouchPoints

MARCH 8, 2023

Editor’s note: This is the second article in our series on AI in Retail. Read the initial article, on consumer attitudes toward AI, here. There is a clear art and science to prompting these tools and their algorithms since they operate using a specific hierarchy of information, keywords and images.

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Retail TouchPoints

SEPTEMBER 15, 2020

While a lot of focus has been placed on the major shift to e-Commerce, a critical element of post-COVID retail, this article will focus on other reasons why zone pricing is essential in the new retail reality. Rising Supply Pressures. Adding complexity, the largest product supply disruptions varied noticeably across regions.

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RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

In this article, we’ll explore some effective strategies and merchandising tips to help retailers make the most of the spring season. Showcase items that are in high demand during springtime, such as gardening supplies, outdoor furniture, spring fashion trends, seasonal foods, and wellness products.

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Retail TouchPoints

AUGUST 5, 2020

Retailers and restaurants are acting with urgency to rapidly transform their businesses, from supply chain updating to training their frontline employees and more. The material for this article is based on hundreds of conversations with executives on the frontline of navigating COVID-19 around the world.

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Kissmetrics

JANUARY 19, 2021

It tackles one of the most challenging aspects of running an online business: Supplying thorough information for your customers. Also, look for multi-language support if you want to maintain all your knowledge base articles better. This type of software tool helps answer any doubts users have before they become paying customers.

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365 Retail

FEBRUARY 15, 2024

Retail success hinges significantly on the seamless operation of warehouses, where every detail from inventory management to order fulfilment directly influences customer satisfaction and bottom-line results.

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RetailWire

OCTOBER 12, 2021

“Every year we say, ‘Wow, this is really difficult’ — and every year, it gets more challenging,” said Sabrina Wnorowski, vice president of human resources at Radial, which operates fulfillment centers for brands and retailers.

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RetailWire

MARCH 17, 2023

The very leverage these companies have over suppliers makes them the logical choice for making sure vendors operate within the law. Large corporations think it’s unfair that they are held to account when uppliers skirt labor laws and hire child workers to fill low-paid and often dangerous jobs.

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Steve Dennis

JULY 6, 2021

However, many remarkable retailers—including “old dogs” like Walmart, Target , Best Buy and Tractor Supply Co., However, many remarkable retailers—including “old dogs” like Walmart, Target , Best Buy and Tractor Supply Co., The hybrid supply chain. and consummate the transaction. The hybrid shopping center.

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RETAIL MANAGEMENT SOFTWARE

MAY 15, 2023

Enterprise Resource Planning (ERP) software has revolutionized the way businesses operate. ERP software can help streamline operations, increase productivity, and improve overall efficiency. As a result, businesses can gain greater visibility and control over their operations and make informed decisions.

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lateshipment

DECEMBER 2, 2022

Here’s a sneak peek of what you’ll be seeing in this article. new challenges for e-commerce shippers in the form of the supply chain, inventory, and fulfillment issues. This can in turn hurt the operational efficiency of shipping carriers. FedEx holiday operations schedule for 2022. That’s not all!

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Elsner

MARCH 16, 2020

The Organisation for Economic Co-operation and Development (OECD) has declared that the coronavirus outbreak poses the biggest threat to the global industry since the 2008 financial crisis. We read in the second paragraph of this article that global business growth has deteriorated due to this. There is a high demand but low supply.

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Ecommerce Platforms

JUNE 29, 2022

Therefore, 8fig was born as a service to provide ecommerce brands the continuous funds they need, while also serving as a management and supply chain support solution that’s flexible with the needs of your business over time. Funding Based on Supply Chain Analysis. 8fig Review: Top Features and Offerings.

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Inflow Insights

APRIL 9, 2020

In this article, I’m going to discuss the steps I recommend to keep your eCommerce business financially afloat during this downturn. How long could your business operate before you ran out of cash? Most businesses I’ve worked with have less than six months worth of operating costs on hand. How much supply is set to come in.

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RetailWire

JULY 20, 2021

Executives in logistics operations tend to be white males, with minorities filling the lower ranks, according to Ilias Simpson, CEO of Radial, an online fulfillment and technology company. “We

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RTP blog

DECEMBER 19, 2017

So, I looked back at my digital folders containing articles from 2008 and, not really surprisingly, I found a lot of similarities between the topics we covered 10 years ago and the topics we’re focused on moving into 2018. Note: IDC has been credited with coining the term “omnichannel.”)

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